Gold Prices Plummet Across Indian Cities on September 7
Gold prices in India declined on September 7 compared to the previous day. The price of 22-carat gold was ₹14,210 for one gram and ₹1,13,680 for eight grams. This represents a drop of ₹60 per gram for 22-carat gold and ₹480 per eight grams.
The decline in gold prices affected various cities across India, including Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur, Lucknow, Chandigarh, Indore, Madurai, Bhubaneswar, Patna, Ludhiana, Vadodara, Thrissur, Vijayawada, Kanpur, and Mysore.
The prices in these cities ranged from ₹14,130 to ₹14,280 for one gram of 22-carat gold and ₹1,13,040 to ₹1,14,240 for eight grams. The corresponding figures for 24-carat gold were ₹14,837 to ₹14,994 per gram and ₹1,18,696 to ₹1,19,952 for eight grams.
The decline in gold prices may be attributed to various factors, including market fluctuations and changes in global demand. However, the exact reason for this decline is not specified in the source.